Services

TaxationAnyone can file a tax return. But a professional can make sure you pay the least tax and get back all you are owed.

Jackson, Fox & Richardson PC offers tax services in many areas. Our staff of highly trained accountants has experience in many different industries. Most of the tax returns that we can prepare for you are listed below:

1040 Income tax preparation with all schedules

E-filing for individual clients

Deceased taxpayer returns

Small business schedule C preparation

Partnership Tax Returns

Corporate Tax Returns

Not-for Profit Tax Returns

State returns for all 50 States

Estate and Trust Tax Returns

Tax Planning

Personal Financial Statements

Small BusinessSmall business tax return preparation and filing instructions is a core service offered to our clients. Whether your company is a C corporation, S Corporation, Limited Liability Company, Partnership or Sole Proprietor, a properly prepared tax return can be filed to minimize the tax owed. Over the years, our firm specialized in small business. Federal and State tax returns have been prepared for industries, service and manufacturing. In additions we perform accounting services and can issue financial statements as required.

IRS RepresentationYou’ve heard the ads about representation before the IRS. But we have been there. We will represent you in all aspects concerning the IRS. One of our CPA’s will meet with the IRS on your behalf to help you work your way through an audit or other issues with the IRS for you or your company.

Jackson, Fox & Richardson PC can

Expedite the audit process with expert direction and guidance

Accurately determine the specific focus of the tax inquiry

Assist in compiling needed data or documentation

Represent clients with the presentation of documentation and data to the IRS

Oil and GasMany people in southern Oklahoma have royalty or working interest, Our office is skilled in all aspects of oil and gas income, depletion expense and operating expense.

Construction
We understand the special audit, tax, and consulting needs of construction-related businesses. Our professionals who meet monthly to cross-train, identify best practices, review industry trends, and work together to reach collective solutions for our construction clients. Our group can also provide updates and sends construction newsletters to our clients.

Non-Profit
A form 990 is a required annual filing for non-profits, it includes detailed records of the income received and funds distributed. Our group of professionals serves nonprofit clients in a variety of organizations, In addition to traditional audit and tax services, our group of professionals offer significant management consulting services relevant to our nonprofit clients.

Estate & Trust Tax Preparation/PlanningOne key to good financial management is having your ducks in order… in other words, being prepared. This is especially true when it comes to estate planning. Estate Planning is a complex process and it can be complicated. It is important to get advice and counsel from someone who knows and understands all aspects of estate planning and the many options available. At Jackson, Fox & Richardson PC, our team of estate planners is knowledgeable, experienced and up to date on the latest tax laws and policies. We will work with you and your attorney to develop an estate plan tailored to your specific goals. Whether your primary objective is the orderly transfer of assets to your beneficiaries, providing security for a surviving spouse, eliminating or reducing taxes, providing for the continuity and succession of ownership of your business, or some other priority, we can help. Jackson, Fox & Richardson PC has the skill and expertise to help you get your financial affairs in order. Keep in mind; it is never too soon to get started.Accounting Services.
Monthly Bookkeeping Timely, efficient bookkeeping services are available for businesses of all sizes. Computerized accounts are prepared, saved and presented for client review on a quarterly, monthly, and/or annual basis. We also offer budgeting and forecasting support. We maintain programs including QuickBooksPayroll Services For many years we have provided small businesses with complete payroll service. Services include: Set up and maintenance of all records, time card tabulations, withholdings of tax and benefit contributions, Federal and State tax filings, issuance of checks and preparation of all Employer Quarterly Reports (941 & OESC) and Annual Employer Reports (W-2’s, 944, 940 & 1099).Compilations Financial Statement preparation for small business clients is a long-standing service of this firm. Our Firm provides Interim and Annual Financial Statements or Compilations. Depending on the client’s needs whether it be monthly, quarterly and/or year-end, balance sheet and detailed operating statements can be prepared and analyzed on a timely basis. The state-of-the-art accounting software used in our office can provide helpful comparisons and calculations for effective and practical business analysis.

Attestation Services

Reviews- A review is an financial data analysis that provides less assurance than a full audit. In a review an auditor expresses limited assurance that the firm’s financial statements do not require any material modification for them to be in conformity with auditing standards in the United States of America. Many business are required to have a review for their bonding company. We provide these services in a professional and timely manner.

Audits- An audit is a systematic examination and verification of a firm’s books, records and other relevant documents, including physical inspection of inventory and fixed assets. Most non-profit and governmental agencies are required to have an annual audit

Jackson, Fox & Richardson PC’s service approach is designed to provide clients, private investors, lenders, bonding companies, and regulatory agencies a high level of confidence in the audited financial statements.

This means that we are more than just year-end auditors. We are service providers that take the time to understand the client beyond their financial statements. We get to know the people within the entity, their mission, their challenges and opportunities. It is only on the basis of this foundation that we can add tangible value.